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December 2015 Protecting Americans From Tax Hikes Act Of 2015.pdf

2015_12_Protecting-Americans-From-Tax-Hikes-Act-of-2015.pdf
Preview of December 2015 Protecting Americans From Tax Hikes Act of 2015
🔗 Source: korbitzfinancialplanning.com
📊 Size: 73 KB
👤 Author: EricKorbitz
⬇️ Downloads: 70

Summary

The Protecting Americans from Tax Hikes Act of 2015 makes several tax provisions permanent, including the state and local sales tax deduction, American Opportunity Tax Credit, Child Tax Credit, Earned Income Credit, Teachers' Classroom Expense Deduction, and Transit Benefits Parity. It also extends other provisions for two years, such as the Qualified Tuition/Related-Expenses Deduction, Mortgage Debt Exclusion, and Mortgage Insurance Premium Deduction. Additionally, it permanently extends charitable distributions from IRAs and qualified conservation contributions. These changes aim to provide stability and predictability for taxpayers and the economy.

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Description

The Protecting Americans from Tax Hikes Act of 2015 makes several tax provisions permanent, including the state and local sales tax deduction, American...

Technical Information

  • File Format: PDF
  • File Size: 73 KB
  • Pages: 4
  • Language: EN
  • Author: EricKorbitz
  • Total Downloads: 70
  • Last Updated: 2 months ago

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